The market is on THIN ice. This is the single largest stock market bubble in history. It’s larger than the Tech Bubble in multiple metrics including: Market cap/ GDP (Warren…
Stocks are now on the edge of a cliff. The S&P 500 broke below its 50-DMA two weeks ago. It has since failed to reclaim this line. That is the…
Stocks are now on the edge of a cliff. The S&P 500 broke below its 50-DMA two weeks ago. It has since failed to reclaim this line. That is the…
Stocks ended the month with an extremely ugly candle. As the below chart shows, September ended outside the range of August (purple circle in the chart below). Historically, these developments…
The markets are bouncing today, but nothing has been resolved. The technical damage from the last few weeks has been horrific. The two most heavily weighted sectors in the S&P…
The biggest development last week was the breakout in the 10-year U.S. Treasury. The 10-year US Treasury is arguably the single most important bond in the world. The yield on…
By Graham Summers, MBA Was it a dead cat bounce… or something else? On Monday, the markets were melting down due to fears of contagion from Evergrande, China’s second largest…
By Graham Summers, MBA The markets have rallied hard on news of a potential Evergrande debt payment. In case you’ve missed this story, Evergrande is a massive property developer in…
All eyes are on the Fed today. The Fed is expected to announce its tapering schedule for its current $120 billion per month Quantitative Easing (QE) program. The Fed has…
Stocks got creamed yesterday, but thanks to late day manipulation, they ended up well off the bottom. From a purely technical perspective, the S&P 500 has broken below its 50-day…
It is impossible to understand what is happening in the U.S. today from a COVID-19 policy response. One day Dr Fauci says there will NOT be lockdowns, and the very…
Stocks are bouncing hard this morning because China stepped in to prop up its stock market. That’s it. That’s the only reason. Put another way, the stock market is in very…
The bloodbath continues. I warned for weeks that inflation was going to annihilate investors portfolios. And now it is. The big question for most investors, is “when does it end?”…
The bloodbath continues. I warned for weeks that inflation was going to annihilate investors portfolios. And now it is. The big question for most investors, is “when does it end?”…
At this point in my career, few things surprise me. I’ve seen the housing boom, the Great Financial Crisis, the E.U. debt crisis, bail-ins, bail-outs, Fed chairs lying to congress,…
The stock market is warning us that a real bloodbath could be around the corner. Let’s take a look at some charts. The market action of the last week has…
Stocks are a bloodbath this morning. To be fair, the market was EXTREMELY overbought going into this correct. So, we are MORE than due for a drop. The most egregious…
Stocks are a bloodbath this morning. To be fair, the market was EXTREMELY overbought going into this correct. So, we are MORE than due for a drop. The most egregious…
Stocks dropped hard over the last 36 hours, but the buyers stepped in and aggressively bought the dip mid-session yesterday. On the surface, the price action felt exciting. But the…
Stocks dropped hard over the last 36 hours, but the buyers stepped in and aggressively bought the dip mid-session yesterday. On the surface, the price action felt exciting. But the…
